a year ago

Supercede Secures $15 Million Series A to Enhance Reinsurance Technology Platform

  • Supercede, a London-based reinsurance technology platform, has raised $15 million in Series A funding led by Alven

  • The company will use the funds to expand its team and enhance platform development and implementation

  • Supercede's platform automates and optimizes the reinsurance process, improving risk management, coverage, and pricing outcomes for its 140 member companies, including insurers, brokers, and reinsurers

      • ProblemFinancial Services

      "The reinsurance process is complex and time-consuming, leading to inefficiencies and making it difficult for insurers, brokers, and reinsurers to manage risk effectively and optimise coverage and pricing."

      Solution

      "Supercede provides a technology platform that automates and optimises the reinsurance process, streamlining data preparation, deal management, and risk management to make reinsurance teams more efficient and profitable."

      Covered on